Why You Should Sign Your Loan Disclosures Fast
Signing your loan disclosures is not a commitment. You are only acknowledging that you received them, even if there is a typo or a wrong number on the page. Signing quickly matters because your lender cannot start underwriting or order…
What Does a Mortgage Processor Actually Do?
A mortgage processor takes your file after approval and becomes its backbone, coordinating the lender, escrow, title, and the agents so your loan actually moves toward closing. At GTG, that processor is in-house, and here is why that makes a…
Preparing Your Home for Fall: Smart Mortgage Strategies for End-of-Summer Renovations and Improvements
Introduction As summer draws to a close and the crisp air of fall approaches, many homeowners start thinking about fall home improvements and renovations. This transitional period is an excellent time to assess your home’s needs and explore smart mortgage…
Where Does Your Earnest Money Actually Go?
Your earnest money goes into a neutral escrow account, not to the seller. It is held there, protected by your contingencies, and it counts toward your down payment and closing costs, so it is not an extra cost on top…
How Long Is a Mortgage Pre-Approval Good For?
A mortgage pre-approval is good indefinitely if we got you there without pulling credit, and it only resets when you change a major cornerstone of your qualification or when we actually run your credit. Once credit is pulled, a roughly…
What Happens During Mortgage Qualification?
Mortgage qualification is the step where your lender verifies everything you submitted, especially your income, so your pre-qualification is solid and there are no surprises later. It is also where most people start asking about interest rates, and where you…
Labor Day and Your Loan: Strategic Steps for Homebuyers Eyeing a September Move
Understanding the Timing of a September Move Labor Day homebuying is on many prospective buyers’ minds as we approach the holiday are planning their moves around this traditional end-of-summer holiday. If you’re considering buying a home and moving this September,…
When Should You Apply for a Mortgage?
Apply for a mortgage before you start seriously shopping for a home, not after you find one. Getting your documents and application looked at first is the difference between making a strong, ready offer and scrambling under pressure while the…
What Is a Mortgage Discovery Call?
A mortgage discovery call is a short, no-pressure first conversation with your loan officer, and it does not involve pulling your credit. It is a chance to lay out the puzzle pieces of your situation so we can point you…
